London open: UK stocks rise to 14-year highs
13th May 2014 08:31
- FTSE 100 at highest in 14 years - Melrose, housing and mining stocks gain - Travel peers easyJet and TUI Travel fall techMARK 2,809.05 +0.52% FTSE 100 6,875.58 +0.35% FTSE 250 16,103.60 +0.77% UK markets rose to their highest levels since early 2000 on Tuesday morning, helped by decent gains fro
Read moreBrewin Dophin to take one-off hit after pulling software roll-out
13th May 2014 08:07
- 32m-pound impairment to be taken in H2 - FIGARO roll-out to be stopped - Margin targets maintained Investment management and financial planning company Brewin Dolphin is to take a one-off charge this year after deciding to pull the roll-out of the JHC Figaro (FIGARO) software across the group. B
Read moreFTSE 250 movers: Intl Personal Finance rises on profit jump
26th Feb 2014 13:56
International Personal Finances shares jumped in today's session after its profit came in slightly ahead of expectations. Profit before tax leapt 24 per cent, prompting a 20 per cent increase to the dividend. Despite this, Panmure Analyst, Keith Baird, said: "Regulatory threats remain the chief risk
Read moreFTSE 250 movers: Balfour Beatty boosted by RBC upgrade
5th Feb 2014 14:14
Infrastructure services group Balfour Beatty was among the best performers on the FTSE 250 on Wednesday after RBC Capital Markets upgraded its rating by two notches from 'underperform' to 'outperform', saying that the stock is geared to the recovery in the UK. "We believe that the outlook in its en
Read moreLondon midday: AB Foods and RSA lead markets higher
5th Feb 2014 11:21
- Upside limited after UK, Eurozone data disappoints - Investors cautious ahead of US data, policy decisions - AB Foods rises, RSA appoints Hester as CEO - Hargreaves Lansdown drops after H1 results techMARK 2,756.02 +0.36% FTSE 100 6,465.16 +0.25% FTSE 250 15,589.91 +0.32% UK markets snapped a fi
Read moreFTSE 250 movers: BTG slides following broker comments
29th Jan 2014 15:45
Healthcare company BTG was a heavy faller despite saying trading for the four months to January 28th had been in line with expectations. The group was hit by comments from finnCap and N+1 Singer, which both reitered their 'sell' rating on the stock. The group, which develops products targeting crit
Read moreBroker tips: Antofagasta, Brewin Dolphin, Carpetright
29th Jan 2014 11:20
Westhouse Securities has maintained its 'buy' rating and 1,000p target price for Chilean mining group Antofagasta after production guidance for 2014 came in ahead of forecasts. "For 2014, guidance for copper is a fraction above our estimate (of 702,000t) and gold guidance at 270,000oz is well above
Read moreBroker snap: Canaccord cuts Brewin Dolphin to 'hold' after recent run
29th Jan 2014 10:01
Canaccord Genuity has lowered its recommendation for wealth management firm Brewin Dolphin from 'buy' to 'hold' after the stock's recent run. The target price for the shares has been left at 304p. "Brewin Dolphin shares have performed well: since December 4th they are up 8.1% (10.4% relative to th
Read moreWednesday broker round-up UPDATE
29th Jan 2014 08:54
African Barrick Gold: Canaccord Genuity ups target price from 180p to 205p keeping a hold recommendation. Antofagasta: Westhouse Securities takes target price from 1000p to 1060p and maintains its buy recommendation. BG Group: Liberum Capital reduces target price from 1475p to 1280p downgrading to
Read moreBrewin Dolphin reports solid rise in core income in Q1
29th Jan 2014 08:02
- Income rises 6.5 per cent in Q1 - Core income up 15 per cent - Outlook remains 'positive' Wealth management services firm Brewin Dolphin said it made 'good progress' in its first quarter with a decent increase in core income. Total income rose by 6.5% year-on-year in the three months ended Decem
Read moreWednesday broker round-up UPDATE
11th Dec 2013 08:35
Afren: Goldman Sachs lowers target price from 280p to 270p, while leaving its strong buy recommendation unaltered. Canaccord Genuity takes target price from 190p to 205p and keeps a buy recommendation. Alternative Networks: Westhouse Securities upgrades from neutral to add with a target price of 44
Read moreThursday tips round-up: Sage, Brewin Dolphin
5th Dec 2013 07:44
On Wednesday software manufacturer Sage reported a 33m pound increase in free cash-flow for the full-year to 417m pounds. This is key as the company likes to return to shareholders. Indeed, the company´s Chief Executive, Guy Berruyer, said he does not expect to return another 572m pounds to sharehol
Read moreWednesday broker round-up UPDATE
4th Dec 2013 09:21
Afren: FinnCap lowers target price from 170p to 165p and downgrades to hold. Amlin: Espirito Santo upgrades to buy with a target price of 509p. Betfair: Citi raises target price from 1150p to 1225p maintaining a buy recommendation. Brewin Dolphin: Canaccord Genuity increases target price from 285
Read moreLondon pre-open: FTSE to inch back into positive territory
4th Dec 2013 07:27
City sources predict the FTSE 100 will open around four points higher than yesterday's close of 6,532.43, marking a small reversal to yesterday's heavy losses which pushed the FTSE 100 to a seven-week low as weakness in the mining and financial sectors weighed heavily. Despite data earlier in the s
Read moreBrewin Dolphin grows annual income
4th Dec 2013 07:14
- Improved total managed funds, strong discretionary funds - Total income up by 5.3 per cent - Dividend increased 20 per cent Wealth management firm Brewin Dolphin posted a solid increase in annual funds under management, fuelled by discretionary investment, and underlined its confidence in future
Read more